Industry
FAME II to fast track India’s e-Mobility aspirationsedit
Last week’s cabinet approval for the second phase of the Faster Adoption and Manufacturing of Electric Vehicles (FAME II) scheme signalled the Government of India’s positive intent to invest in a future of green mobility. While the focus in FAME II is still very much on subsidies for the purchase of electric vehicles (EVs), the inclusion of charging infrastructure into the framework of incentives is likely to provide impetus to the establishment of public charging facilities across the country.
Government outlines criteria for EV subsidy, battery capacity replaces 20% vehicle cost capedit
The government of India is looking to reaffirm plans to motivate efficiency in the electric vehicle ecosystem under the recently announced Rs 10,000 crore FAME II policy. In what looks to be a planned follow-up on the vehicle eligibility criteria, the government has now come out with requirements for electric two-wheeler, e-rickshaw, e-three wheeler, e-passenger vehicle and e-four-wheeler (pick-up trucks).
Small car markets lead in EV adoption: Reportedit
After surpassing the one million sales threshold in 2017 worldwide, the plug-in electric vehicle (EV) deliveries set another record last year. With a massive jump of 64 per cent, the global plug-in vehicles sales reached 2.1 million units in 2018 as compared to the previous year, according to the latest report by EV-volumes.com.
Competition
Ather Energy to set up charging points at 35 Godrej Nature’s Basket locationsedit
Ather Energy today announced a strategic association with Godrej Nature’s Basket to expand AtherGrid, the company’s EV fast-charging public network’s presence in India. The 35 locations that Godrej Nature’s Basket operates across the country will host AtherGrid Points, as the automobile player expands its presence across India.
Ola raises $300 m from Kia, Hyundai to build EVsedit
Ola has raised $300 million from Hyundai Motor and Kia Motors as the homegrown ride-hailing platform looks to collaborate with the South Korean auto companies to build India-specific electric vehicles and other mobility solutions. The investment is part of Ola’s current financing round, which is estimated at $500-600 million.
Electric Vehicles: GoZero Mobility to foray into Indian market with two productsedit
British electric bike and lifestyle brand GoZero Mobility will enter Indian market next week with the launch of two products. The Birmingham-based firm will launch two electric bikes — One and Mile — in Delhi-NCR next week. It has tied up with Kolkata-based Kirti Solar to develop and manufacture current range as well as for future products.
International
Electric Supercars And Their Shoes: Manufacturers Now Working On Special Tyres For EVsedit
As electric drivetrains take over the world of automobiles, the corresponding components of the vehicles are also on their way to a major transition. Don’t believe this? Have a look at the two electric supercars unveiled at this year’s Geneva Motor Show, the Pininfarina Battista and the Italdesign DaVinci. A class apart, both have one thing in common apart from the electric motors, both sport Pirelli’s Elect P Zero tyres.
China’s Evergrande says to start making electric vehicles in Juneedit
Chinese property firm Evergrande Group will start producing its first electric vehicles in June as part of a goal to become the world’s largest new energy vehicle (NEV) company within the next three to five years, according to its chairman. Hui Ka Yan made the comments at a conference in the eastern city of Tianjin over the weekend, according to a statement published on the company’s website on Tuesday.